NBI Floating Rate Income Series T (NBC5429)
9.491
0.00 (0.00%)
CAD |
Dec 12 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.32% | 129.93M | -- | 12.77% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 33.26M | 5.12% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The NBI Floating Rate Income Fund's investment objective is to generate interest income while minimizing the effects of interest-rate fluctuations. The fund invests directly, or through investments in securities of other mutual funds, in a portfolio composed mainly of fixed-rate Canadian bonds (either corporate, governmental or municipal) and/or preferred shares issued by North American companies and enters into derivatives transactions to generate a floating rate of income. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond CAD |
| Peer Group | Canadian Corporate Fixed Income |
| Global Macro | Bond HC |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | NATIONAL BANK INVESTMENTS |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
38
-5.853M
Peer Group Low
476.16M
Peer Group High
1 Year
% Rank:
45
33.26M
-347.53M
Peer Group Low
1.551B
Peer Group High
3 Months
% Rank:
43
-100.23M
Peer Group Low
1.515B
Peer Group High
3 Years
% Rank:
71
-642.37M
Peer Group Low
1.546B
Peer Group High
6 Months
% Rank:
37
-96.41M
Peer Group Low
1.534B
Peer Group High
5 Years
% Rank:
46
-1.582B
Peer Group Low
1.582B
Peer Group High
YTD
% Rank:
44
-161.53M
Peer Group Low
1.537B
Peer Group High
10 Years
% Rank:
93
-868.34M
Peer Group Low
2.440B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 14, 2025.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.56% |
| Stock | 0.00% |
| Bond | 89.46% |
| Convertible | 0.00% |
| Preferred | 8.93% |
| Other | 1.05% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| ROGERS COMMUNICATIONS INC. RCI 3.65 03/31/2027 FIX CAD Corporate | 1.65% | 100.64 | 0.07% |
| Crombie Real Estate Investment Trust CROMREA 3.677 08/26/2026 FIX CAD Corporate RegS | 1.59% | 100.39 | -0.03% |
| Bank of America Corporation BACORP 3.615 03/16/2028 FLT CAD Corporate '27 | 1.44% | 100.71 | 0.04% |
| The Bank of Nova Scotia BNS 4.68 02/01/2029 FIX CAD Corporate | 1.41% | 104.17 | 0.08% |
| SmartCentres Real Estate Investment Trust SMARTRE 3.444 08/28/2026 FIX CAD Corporate | 1.24% | 100.21 | 0.04% |
| Sun Life Financial Inc. SLCNI 2.58 05/10/2032 FLT CAD Corporate RegS '27 | 1.24% | 99.37 | 0.06% |
| IGM Financial Inc. IGM 3.44 01/26/2027 FIX CAD Corporate RegS | 1.22% | 100.51 | 0.06% |
| TRANSCANADA PIPELINES LIMITED TRP 3.8 04/05/2027 FIX CAD Corporate | 1.15% | 100.78 | 0.04% |
| iA Financial Corporation Inc. IAFINAA 3.072 09/24/2031 FLT CAD Corporate '26 | 1.12% | 100.16 | 0.07% |
| The Toronto-Dominion Bank TD 2.26 01/07/2027 FIX CAD Corporate | 1.07% | 99.46 | -0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP |
|
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 500.00 None |
| Minimum Subsequent Investment | 25.00 None |
Basic Info
| Investment Strategy | |
| The NBI Floating Rate Income Fund's investment objective is to generate interest income while minimizing the effects of interest-rate fluctuations. The fund invests directly, or through investments in securities of other mutual funds, in a portfolio composed mainly of fixed-rate Canadian bonds (either corporate, governmental or municipal) and/or preferred shares issued by North American companies and enters into derivatives transactions to generate a floating rate of income. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond CAD |
| Peer Group | Canadian Corporate Fixed Income |
| Global Macro | Bond HC |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | NATIONAL BANK INVESTMENTS |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-12-25) | 3.53% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 304 |
| Bond | |
| Yield to Maturity (10-31-25) | 3.89% |
| Effective Duration | -- |
| Average Coupon | 4.28% |
| Calculated Average Quality | 3.439 |
| Effective Maturity | 7.863 |
| Nominal Maturity | 8.992 |
| Number of Bond Holdings | 241 |
As of October 31, 2025
Fund Details
| Key Dates | |
| Inception Date | -- |
| Last Annual Report Date | 12/31/2024 |
| Last Prospectus Date | -- |
| Share Classes | |
| NBC429 | Commission-based Advice |
| NBC5729 | Fee-based Advice |
| NBC6429 | Commission-based Advice |
| NBC6829 | Commission-based Advice |
| NBC729 | Fee-based Advice |
| NBC829 | Commission-based Advice |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:NBC5429.TO", "name") |
| Broad Asset Class: =YCI("M:NBC5429.TO", "broad_asset_class") |
| Broad Category: =YCI("M:NBC5429.TO", "broad_category_group") |
| Prospectus Objective: =YCI("M:NBC5429.TO", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |